$1,075,000
$1,100,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
6519 Darwell Avenue Bell Gardens, CA 90201
7 Beds
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV23029595
Sold Date 07/19/23
Bedrooms 7
Property Sub-Type Res Income 2-4 Units
Property Description
BACK ON MARKET! Private Seller Financing available! We are pleased to exclusively offer for sale this 5 unit multi-family investment in the city of Bell Gardens. The subject property is comprised of 100% single story construction and offers a unit mix of; 1(2Bed/1.5Baths), 2(2Bed/1Bath)s, & 2(1Bed/1Bath)s. The rental units are situated in 2 separate buildings with a total rental square footage of 3,055 SqFt. Tenants pay for electricity and gas while the owner pays for water and trash. Tenants enjoy an onsite laundry facility as well as onsite garage and car-port parking. The current rental rates are well below market level offering a savvy investor the opportunity of a potential 60+% upside in gross rental income. The seller is willing to provide private seller financing with the following terms: 40% down payment, 3 year term, 6% interest only payments, no pre-pay penalty.
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of I-710 & South of E Gage Ave; Near Intersection of Darwell Ave & Loveland St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Acceptable Financing Cash, Seller May Carry
Listing Terms Cash, Seller May Carry
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Bought with Olga Wright Lyon Stahl Investment Real Estate, Inc.